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Randall Financial Group News

25-Sep-08

Open Letter to Clients

September 25, 2008

Dear Randall Financial Group Clients:

We are writing to you today in light of the rather dramatic events that have unfolded on Wall Street over the past two weeks. As you are likely well aware, this crisis stems from fundamental weakness in the residential housing sector coupled with over-leverage and over-speculation on the part of several commercial and investment banks. While all of our clients have broadly based and highly diversified portfolios with little direct exposure to these investments, market fear has served to move most asset classes lower.

Sharp market declines such as these are never enjoyable and can be frightening. We want to assure you that we remain confident in the investment strategy we utilize and the investment plans we have worked closely with you to prepare. Short-term trading is clearly driving current market volatility. But we have always been long-term investors who are confident in the ultimate prosperity of domestic and international businesses that underpin our global economy. There can be no assurance as to when markets will begin to recover. Until then, we know of no better strategy than to maintain a disciplined balance of investments and refrain from panicked reactions that could ultimately prove costly.

We also know that given todays level of financial uncertainty, questions may arise as to the strength and safety of your financial institutions. We have chosen Fidelity Investments as the custodian for all of our client funds. We are completely confident in their financial integrity. To that end, we have included some information regarding their financial position that you may find reassuring. As always, but particularly in times like these, we encourage you to call us if you have any questions or concerns. We are always happy to discuss your situation directly and are committed to providing you with the best guidance possible.

Sincerely,

Oliver R. Tutt, CFP® Robert N. Auclair Managing Director Principal

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